Bio-Based Surfactants Market Share by Type, Plastic Type, Application and Region - Global Forecast to 2030
Biosurfactants are
surface-active substances synthesized by the living cell. They can cause less
pollution as they have low toxicity and high biodegradability. Market Research
Future (MRFR) has published a research report about the global bio-based surfactants
market that estimates expansion for this market between 2016 and 2023.
Analyzing the market structure, this report evaluates the future growth
potential of the market. It analyzes the strategies of the key players in the
market and follows the competitive developments such as joint ventures, new
product developments, mergers and acquisitions, research and developments (R
& D) in the market.
The key drivers enhancing the market growth for
bio-based surfactants include their environmental friendly nature, demand for
green product among consumers which are eco-friendly and less damaging to human
health, high biodegradability, low degradability, low toxicity, performance
under extreme condition, possibility of large-scale production, and lastly, the
regulatory compliance by the governments which restrict the rising use of
petroleum-based (synthetic surfactants).
The global bio-based surfactants market Share has
been segmented on the basis of end-use industry, product type, and lastly
region. Based on end-use industry, this market has been segmented into
agricultural chemicals, food processing, household detergents, industrial &
institutional cleaners, personal care, oilfield chemicals, textiles, and
others. As per the product types, the market has been segmented into alkyl
polyglucosides (APG), alkyl polypentosides (APP), anionic APG derivatives,
fatty acid n-methylglucamine, methyl ether sulfonates (MES), methyl glucoside
esters, rhamnolipids, sophorolipids, sorbitan esters, sucrose esters, and
others.
The regional segmentation of global Bio-Based
Surfactants Market Share segments the
market into regional markets known as North America, Europe, Asia Pacific, and
the rest of the world (RoW). Europe is the key consumer of bio-based
surfactants and therefore, it holds the highest market shares. In Europe, the
production of bio-based surfactants is also highest. The market growth in this
region has been attributed to recovering (from recession) economies across the
region with increasing income and expenditure on consumer goods. During the
forecast period, Europe is expected to retain its dominance on the market due
to favorable initiatives that are being taken by European governments to
promote the production of bio-based products. The strong economies in Europe
that are also technologically advanced are France, Germany and the United
Kingdom (UK).
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After Europe, North America is the second biggest
regional market for bio-surfactants. It is growing moderately over the past few
years. Here, bio-based surfactants have significant application in the personal
care industry which is driving the demand for bio-based surfactants.
Particularly the United States of America (USA) and Mexico are the vital
contributors to this market to a great extent. Canada is another powerful
economy in North America.
Although the Asia Pacific was relatively a smaller
market earlier, during the forecast period, it is expected to have substantial
shares due to the growing application industry. This is due to countries like
China and India have an extensive presence in agricultural, personal care, and
textile industry that is likely to raise the demand for bio-based surfactants.
Key Players
The key players in the global bio-based surfactants
market share AkzoNobel N. V (Netherland), BASF Cognis (Germany), Croda
International (UK), Chemtura Corporation (USA), Ecover (Belgium), Evonik
Industries (Germany), MG Intobio Co. Ltd (South Korea), Mitsubishi Chemical
Holdings (Japan), Saraya Co Ltd (Japan), and Urumqi Unite Bio Technical Co. Ltd
(China).
Latest Industry News
- BASF Cognis has started a stepwise capacity
increase of its production plant for alkoxylation – a
downstream technology of ethylene oxide production – in Antwerp, Belgium.
Alkoxylation is useful for manufacturing surfactants for the
home care industry and in industrial and institutional
cleaning applications. 6 SEP 2018
- Ghent University and Eastman Chemical Company
from the GREEN-CHEM network and several other partners have
collaborated to produce biobased amines as building blocks for
surfactants. 17 APR 2018.
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